OKC has alot of opportunity mainly because of its low level of enforcement of housing codes, strong landlord laws and conservative judges in eviction court.

If you are based in California or operating an LLC in California you will be required to file an LLC regardless of whether or not it is considered a "Disregarded entity" by the IRS for Federal tax purposes.

I live on the main unit. 

@Al JeciusAre you in City of Flagstaff or Coconino County for zoning purposes?

If mass deportations were to actually happen, it could slightly ease demand, mainly in larger cities, but probably not enough to change rent rates.

I've flipped 6-8 houses, made good profit on those, and just purchased my first 4-unit multi for mainly cost seg purposes/long-term appreciation. 

Yea the area doesn't look like it will appreciate much, I mainly look for cash flow.  

Your main issues will be eggress, as usual in a basement.

Hello, Do I have to disclose my Massachusetts Salesperson License when buying an off-market property for investment purposes?

Most purposes that people on the BP forums are transferring properties to an LLC, would be exempt of the Due On Sale Clause.